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Anyone yet doing 90% jumbo refi in CA with no PMI?

Looking for 90% jumbo refi, with no PMI in Los Angeles County. aprox value 880K, fico 750+ by daveyj_453_117 from Los Angeles, California. Feb 15th 2012 Reply


Bill Ladewig (bill@yourfhaguru.com)
#362 ranked lender in California - 34 contributions

Daveyj, It will be long time, maybe never, before we see 90% jumbo conventional loans anywhere in the US.

Feb 15th 2012
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Bill Ladewig (bill@yourfhaguru.com)
#362 ranked lender in California - 34 contributions

DaveyJ have to amend the last answer to 90% loans without MI are not likely

Feb 15th 2012
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

That is a difficult product to find... contact a local mortgage broker, not a bank and apply with them.. they have access to a vast number of lenders and can find the right one for your particular scenario.. WilliamAcres.com

Feb 15th 2012
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Chris Brengelman (chrisbrengelman)
#46 ranked lender in Ohio - 28 contributions

Daveyj, if you qualify by income standards we CAN do a 90% Jumbo no PMI loan. Please contact me for details. Email is probably the best way and we can run through the scenario and see if it is possible and beneficial. THANKS!

Feb 15th 2012
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

We have a 90% Jumbo product, but California is not included in the eligible states and PMI is required. About the best you are going to find will be Lender paid, but this just means you are paying for it in the interest rate. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Feb 15th 2012
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